Sonu Kumar, Author at PPN Solutions

Budgeting and Forecasting Techniques You Must Know

Board International Partner / April 16, 2024 / Leave a Comment / Sonu Kumar

Accurate budgeting and forecasting have become crucial components of an organization’s strategic planning process. These financial tools help businesses make informed decisions about resource allocation, goal setting, and performance tracking. This article will explore various budgeting and forecasting techniques that can aid organizations in effectively managing their finances and driving growth. Budgeting Techniques This is […]

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5 Best FP&A Software Tools for Your Business

Board International Partner / April 11, 2024 / Leave a Comment / Sonu Kumar

Tired of juggling multiple spreadsheets and feeling like drowning in a sea of numbers? Yes? Perhaps it’s time to consider investing in a Financial Planning and Analysis (FP&A) software tool. These tools not only streamline your business processes but also offer handy insights into your financial data. But with multiple options to choose from, how

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Understanding Retail Planning Process in Detail

Retail Planning Solutions / April 11, 2024 / Leave a Comment / Sonu Kumar

Is it like trying to handle too many balls at once while running your retail business? You have to keep track of a lot of different things, like inventory, staff schedules, marketing efforts, and customer service. If we told you there was a way to make things easier while still making sure your retail business

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Financial Planning and Analysis Best Practices

Board International Partner / March 28, 2024 / Leave a Comment / Sonu Kumar

“Money makes the world go round,” this saying is nowhere more truer than in modern businesses. Using FP&A helps companies make smart decisions about how to use their resources and set achievable goals. While proper FP&A can help a business thrive and achieve its goals, poor financial planning can lead to bankruptcy and failure. But

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Distribution Inventory Management (DIM) – A Complete Guide

Retail Planning Solutions / March 20, 2024 / Leave a Comment / Sonu Kumar

To survive in this fast-paced world, businesses need to be agile and adaptable enough to stay competitive. One key aspect of this is managing the inventory in a way that paves the way for responding to changing customer demands and market trends. That’s where distributed inventory management comes into play – it enables businesses to

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Factors Businesses Must Consider in FP&A Transformation

Board International Partner / March 20, 2024 / Leave a Comment / Sonu Kumar

Financial Planning and Analysis (FP&A) transformation has become a crucial aspect of business operations, as it enables organizations to optimize their financial performance, improve forecasting, and make data-driven decisions. In today’s fast-paced and competitive business landscape, FP&A transformation is no longer a luxury but a necessity for businesses that want to stay ahead of the

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Retail Merchandise Financial Planning- A Complete Guide

Retail Planning Solutions / March 19, 2024 / Leave a Comment / Sonu Kumar

Retail merchandise financial planning is like solving a puzzle, but instead of pieces, you deal with money. It’s the intricate dance of balancing budgets, sales projections, inventory management, and pricing strategies to ensure profitability and sustainability. Yet, for many retailers, navigating this financial labyrinth can feel like a daunting task. From unpredictable market trends to

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Understanding Retail Inventory Management? 8 Best Practices

Retail Planning Solutions / March 18, 2024 / Leave a Comment / Sonu Kumar

The process of managing and optimizing the stock levels, movement, and storage of goods within a retail business is called retail inventory management. It generally involves tracking & maintaining the right quantities of inventory, ensuring stock availability, and avoiding situations like overstocking and understocking. The ultimate goal of retail inventory management is to provide a

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What is Statutory Reporting? Understand Its types & Importance

Legal consolidation & reporting / March 18, 2024 / Leave a Comment / Sonu Kumar

Statutory reporting is like following a recipe for success in business. It’s a way of sharing crucial information about the company’s finances with authorized people, including investors, regulators, and stakeholders. But instead of ingredients, statutory reporting involves financial statements, tax returns, and other important documents that reveal the overall health and performance of your company.

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Tips To Choose Right FP&A Software – Buyers Guide

Board International Partner / March 18, 2024 / Leave a Comment / Sonu Kumar

Choosing the right FP&A (Financial Planning and Analysis) software can be a daunting task, especially with so many options available in the market. It may feel like finding a needle in a haystack, but worry not! In this blog, we will delve deep into the factors that you must consider while choosing FP&A software. Tips

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Sonu Kumar